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Topic: Africa or Australia - page 2. (Read 2325 times)

legendary
Activity: 3752
Merit: 1217
May 14, 2015, 10:46:55 PM
#35
I prefer Africa.

Bankers are too strong in Australia, and they will prevent widespread BTC adoption there. Also, the Australian government is not that excited about Bitcoin. On the other hand, most of the African nations don't even have rules or regulations regarding crypto. There is huge potential for Bitcoin adoption in Africa. And Kipochi - M Pesa is just the tip of the iceberg.
sr. member
Activity: 331
Merit: 250
May 14, 2015, 06:49:14 PM
#34
I would say Australia. Africa is to unstable for internet infrastructure.
sr. member
Activity: 315
Merit: 250
May 14, 2015, 05:47:51 PM
#33
i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow

africe indeed is lacking tech, but even poor people have phones/smartphones there. it would make more sense for africa to be first as the need for something like bitcoin is much higher there. even very simple cheap smartphones can run a bitcoin wallet.

I prefer Australia as it is much technology advanced country as compared to africa and also if you look at the economy then Australia is far better then Africa so i would go with Australia as Africa has a problems related to poverty economy crimes so it will not africa in terms of bitcoins.

thats true australia is always the first choice of any person whom you ask this question and the reason is that the threat level in africa is more as compared to other countries...the lives are not safe so anyone would prefer to go with australia as compared to africa.
hero member
Activity: 506
Merit: 500
May 14, 2015, 03:44:59 PM
#32
i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow

africe indeed is lacking tech, but even poor people have phones/smartphones there. it would make more sense for africa to be first as the need for something like bitcoin is much higher there. even very simple cheap smartphones can run a bitcoin wallet.

I prefer Australia as it is much technology advanced country as compared to africa and also if you look at the economy then Australia is far better then Africa so i would go with Australia as Africa has a problems related to poverty economy crimes so it will not africa in terms of bitcoins.
newbie
Activity: 42
Merit: 0
May 14, 2015, 11:57:06 AM
#31
Australia has more technology and spare many to risk than Africa. So, my vote goes for Australia.
legendary
Activity: 812
Merit: 1000
April 20, 2015, 08:57:46 AM
#30
Who do you think will have the biggest chance of Bitcoin success? Africa or Australia?


Africa can make the most difference so that probably classes as the biggest chance of success, australia runs the same as europe and USA for the most part. 
hero member
Activity: 518
Merit: 500
Trust me!
April 20, 2015, 07:17:24 AM
#29
I guess Africa. They're in need for means of remitting money and storing their money in a manner that it isn't wiped out by political instabilities or economic breakdowns!
legendary
Activity: 1512
Merit: 1000
April 20, 2015, 06:54:46 AM
#28
Africa is a huge comtinent with lots of ppl who are looking for cheap and effective ways for money transfer.
legendary
Activity: 2170
Merit: 1000
April 20, 2015, 05:26:23 AM
#27
In my opinion, I think Africa, because they have a lot of people without bank accounts, which is why Bitcoin will thrive there. There's also a lot more people with internet connections in Africa than in Australia, so it might have the advantage. Of course, Australia is a developed country, so it's got its advantages too. But I believe Africa has just that bit more for Bitcoin to be able to have a bigger success in the industry.
full member
Activity: 152
Merit: 100
April 20, 2015, 04:43:28 AM
#26
ill say Australia because Africa have some money issues and they are like 3rd world country and stuff like that.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
April 20, 2015, 03:50:57 AM
#25
I would put my money on Africa because they are still untapped as a mostly 3rd world country. In essence more progress can be made from a country with limited development, than a country where development has reached it's peak already. The only limitation will be the African political differences and the way some of the African leader perceive the possible threat to their control over their people. ^sad^
sr. member
Activity: 266
Merit: 250
April 20, 2015, 03:14:12 AM
#24
I think it is hard to say the result. The two areas have their own advantages and disadvantages for Bitcoin to grow. Even if Africa is poor, it  has the soil for Bitcoin to spread.
hero member
Activity: 840
Merit: 1000
April 20, 2015, 02:28:30 AM
#23
Australia, but your ripple example is not related to bitcoin, you said ripple not bitcoin, ripple is btc's competitor.

So you should change your question, use crypto currency to instead bitcoin.  Cheesy
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
April 20, 2015, 01:46:10 AM
#22
i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow
Im sure Australia will regulate bitcoin soon, we are such a fucking nanny state we have rules and regulation on everything.
I think Africa will probably use bitcoin to help the people who don't have a bank account and Australia will use it manly as a online currency only, i could be wrong.

Although Sydney would like to call themselfs the capital city it's not, the capital city here is boring old Canberra.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
April 19, 2015, 01:19:20 PM
#21
I see most people here have never been to Africa.
There's ten times more people with an Internet connection in Africa, and there is way more money in Africa.
I guess Mercedes sells at least 5 times more cars in Africa than in Australia.

Then, there hundreds of millions without a bank account, so BTC has huge opportunities there.
legendary
Activity: 980
Merit: 1000
April 19, 2015, 01:08:07 PM
#20
i agree with OP australia have the biggest chance for Bitcoin success than afrika because have economically stable even though africa by populaon size
more than australia but most of many African countries beside struck with poverty and also many conflicts are interminable and civil war thus making
economy of africa is very unstable
hero member
Activity: 529
Merit: 500
April 19, 2015, 01:04:50 PM
#19
Undoubtedly Australia
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
April 19, 2015, 12:56:52 PM
#18
You should compare country to country! Africa of course, because it has more than 50 times more people, but there huge disparities in Africa. In SA or Lagos, there are people living just like in rich western countries, but there are also millions living with 2$ a day, or less.

That is the problem here. Australia is a one country continent and Africa is just well, multinational continent. There is no way we can compare these to in any way possible. Of course Australia will win every time, there is no doubt about that, if you think about internet infrastructure and technological capabilities Australia is a clear winner, not to mention money... Op could compare USA with Russia or Australia easly, but not with Africa as a whole.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
April 19, 2015, 12:32:15 PM
#17
You should compare country to country! Africa of course, because it has more than 50 times more people, but there huge disparities in Africa. In SA or Lagos, there are people living just like in rich western countries, but there are also millions living with 2$ a day, or less.
legendary
Activity: 2730
Merit: 1288
April 18, 2015, 06:52:25 PM
#16
Who do you think will have the biggest chance of Bitcoin success? Africa or Australia?

With Ripple Labs building an office in Australia's Capital City - Sydney and Africa becoming a haven for Bitcoin start-ups

Who do you think will attain a bigger success in the bitcoin industry?

Reference reading:

http://bitforum.info/t/sydney-will-be-a-new-home-for-ripple-labs/831
http://bitforum.info/t/africa-a-breeding-nest-of-bitcoin-industry/823

For me, Australia is economically stable compared to, Africa needs bitcoin services even more because of the fact that some areas in the continent is struck with poverty. That is maybe the best reason why Bitcoin will flourish more in Africa.

I dont think Africa will be there anytime soon. But in 10 years who knows.
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